What kind of business structure do you guys use?
LLC, Partnership, Sole Prop??
I'm thinking of forming a LLC but wondering if it's worth it.
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What kind of business structure do you guys use?
LLC, Partnership, Sole Prop??
I'm thinking of forming a LLC but wondering if it's worth it.
In most cases an LLC is the best choice. If you are the sole owner an LLC provides a quick easy way to establish a separate entity with simplified tax reporting. If you have several owners or expect to add owners in the future, then an S Corp gets more attractive.
The gigantic Chrylser automaker is actually an LLC~
Thanks Chad;)